Guideline Value for ANUPARPALAYAM

Anuparpalayam guideline value

The current guideline value of Anuparpalayam is Rs 890 per sq.ft, effective from 1 July 2024. This village falls under the Tiruppur Joint II SRO and is classified as Mixed Type - I land.

How the guideline value of Anuparpalayam has changed

In the 2012 revision, the guideline value was Rs 800 per sq.ft. This figure remained unchanged until the 2017 revision, which saw a decrease to Rs 536 per sq.ft, reflecting a -33% change. The value increased to Rs 800 per sq.ft in the 2023 revision, followed by a further increase to Rs 890 per sq.ft in the 2024 revision, marking an 11% rise.

From 2017 to 2023, the guideline value experienced a significant increase of 49%. Overall, from 2012 to 2024, the guideline value has increased by 11%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Velampalayam

In Velampalayam, there are 472 streets under the Tiruppur Joint II SRO, with guideline values ranging from Rs 701 to Rs 4,480 per sq.ft. The median guideline value for the village is Rs 711 per sq.ft, placing Anuparpalayam's 2024 figure above that median.

• Anupparpalayam Puthur: Rs 890 per sq.ft (2024)
• Annipalayam: Rs 711 per sq.ft (2024)
• Anna Street Virivu: Rs 715 per sq.ft (2024)
• Appalo Kumaragam Avenue: Rs 770 per sq.ft (2024)
• Appollo Agaram Avenue: Rs 709 per sq.ft (2024)
• Anna St: Rs 770 per sq.ft (2024)

Stamp duty and registration fee for property in Anuparpalayam

For a 1,000 sq.ft plot at the current guideline value of Rs 890 per sq.ft, the total guideline value amounts to Rs 8,90,000. The stamp duty at 7% would be Rs 62,300, while the registration fee at 2% would be Rs 17,800, bringing the total cost for these fees to Rs 80,100. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anuparpalayam?

The Sub Registrar Office that covers Anuparpalayam is the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, in the Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Velampalayam

The guideline value plays a crucial role in the registration process when buying or selling property in Velampalayam. It serves as a benchmark for determining the stamp duty and registration fees that must be paid, ensuring that these costs are calculated based on the official valuation of the property.

When a property is sold, the guideline value is used to assess the minimum price for which the property can be registered. This means that the buyer and seller must consider the guideline value when negotiating the sale price to ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value of Anuparpalayam?

The current guideline value of Anuparpalayam is Rs 890 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 800 per sq.ft in 2012 to Rs 536 per sq.ft in 2017, then increased to Rs 800 per sq.ft in 2023, and finally to Rs 890 per sq.ft in 2024.

What is the land classification of Anuparpalayam?

Anuparpalayam is classified as Mixed Type - I land under the Tiruppur Joint II SRO.

What are the stamp duty and registration fees for property in Anuparpalayam?

For a property valued at Rs 8,90,000, the stamp duty would be Rs 62,300 and the registration fee would be Rs 17,800, totaling Rs 80,100.

Where can I find the Sub Registrar Office for Anuparpalayam?

The Sub Registrar Office for Anuparpalayam is the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.